Wesley Snipes expressed interest in working on a Black Panther film in 1992, but the project did not come to fruition. In September 2005, Marvel Studios announced a Black Panther film as one of ten based on Marvel characters and distributed by Paramount Pictures. Mark Bailey was hired to write a script in January 2011. Black Panther was announced in October 2014, and Boseman made his first appearance as the character in Captain America: Civil War(2016). By 2016, Cole and Coogler had joined; additional cast joined in May, making Black Panther the first Marvel film with a predominantly black cast. Principal photography took place from January to April 2017, at EUE/Screen GemsStudios in the Atlanta metropolitan area, and Busan, South Korea.

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Black Panther premiered in Los Angeles on January 29, 2018, and was released theatrically in the United States on February 16, 2018, in 2D, 3D, IMAX and other premium large formats. It received critical acclaim, with praise directed toward its visuals, screenplay, characters, direction, costume design, action sequences, soundtrack, and performances. Critics considered it as one of the best films set in the MCU and noted its cultural significance. It has grossed over $748 million worldwide, making it the highest-grossing film of 2018. Its four-day opening weekend gross of $242.2 million in the United States was the second-highest of all-time and its three-day gross of $202 million was the fifth highest of all time, as well as the biggest debut by an African American director.